Saudi Arabia’s ACWA Power announced that its net profit rose by 13 percent during the third quarter of 2025 to reach 371 million riyals, compared to 328 million riyals in the same period last year.
In a press release issued on Monday, the company attributed this profit growth to higher financing revenues and lower development costs during the period, which contributed to strengthening the company's financial performance despite a decline in operating profit.
ACWA Power’s operating profit was 557 million riyals in the third quarter of 2025, compared to 976 million riyals in the same quarter of the previous year, a decrease of 42 percent.
Earnings per share reached 1.71 riyals, compared to 1.7 riyals during the same period last year.
